Brief: Pepco Group Says High Court in England Approves Poundland's Restructuring Plan
26/08/2025 16:09
Aug 26 (Reuters) - Pepco Group NV PCOP.WA: HIGH COURT IN ENGLAND APPROVES POUNDLAND'S RESTRUCTURING PLAN TO PROVIDE POUNDLAND WITH £30 MLN OVERDRAFT FACILITY UNSECURED LOANS TO POUNDLAND TO BE REPAID THROUGH ISSUANCE OF SHARES REPRESENTING A MINORITY INVESTMENT INTEREST IN 1903 PEACH BIDCO MATURITY UNDER EXISTING £30 MILLION SECURED LOAN ADVANCED BY PEPCO GROUP TO POUNDLAND WILL BE EXTENDED FROM SEPT 1, 2025 TO SEPT 1, 2030 Source text: ID:nEM52PW0Ga Further company coverage: PCOP.WA (Reporting by Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))
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